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Nonprofit · EIN 34-1501722

MEDINA CITY SCHOOLS FOUNDATION

Tax-exempt · MEDINA, OH 44258

Financials

$117K$135K2023$121K$119K2024
Revenue Expenses · by fiscal year end
Financials of MEDINA CITY SCHOOLS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$121,458$119,277$2,181$999,799$206$999,593
December 31, 2023990$117,347$135,373-$18,026$955,022$152$954,870
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$48,994
Membership dues
$1,966
Program service revenue
$0
Investment income
$51,355
Net gain from sales of assets
$21,911
Net income from fundraising events
$20,755
Net income from gaming
$354
Other revenue
$21,109

Expenses

Grants and similar amounts paid
$74,703
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,100
Occupancy
$464
Program services (functional)
$109,722
Management and general (functional)
$9,555

Balance sheet and other

Total assets, start of year
$955,022
Total assets, end of year
$999,799
Total liabilities, end of year
$206
Net assets, end of year
$999,593
Publicly traded securities
$965,334
Net assets without donor restrictions
$204,837
Net assets with donor restrictions
$794,756
Gross receipts
$362,607
Employees
0
Year formed
1985
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DEBBIE WELLSVICE-PRESIDE
Trustee or director
–$0
JARROD LONGCO-TREASURER
Officer
–$0
MORGAN MCDERMOTTSECRETARY
Officer
–$0
CHRIS RACZCO-TREASURER
Officer
–$0
KEN STUMPPRESIDENT
Officer
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
JARROD LONGCO-TREASURER
Officer
–$0
MORGAN MCDERMOTTSECRETARY
Officer
–$0
CHRIS RACZCO-TREASURER
Officer
–$0
KEN STUMPPRESIDENT
Officer
–$0
MIKE SWEETVICE PRESIDE
Officer
–$0
NANCY VALENTINEPAST PRESIDE
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 1035, MEDINA, OH 44258-1035
In care of
% CRAIG WELSH
Principal officer (990 for 2024)
KEN STUMP
Signed the 990
JARROD LONG, CO-TREASURER
Phone
(330) 721-1410
Return prepared by
HHL GROUP INC

Mission

TO CREATE OPPORTUNITIES FOR SPECIAL AND ADVANCED STUDY, ENDOW PROGRAMS THAT SUPPORT SCHOOL CURRICULUM, HELP SUSTAIN AND ENHANCE THE MEDINA CITY SCHOOLS TRADITION OF EXCELLENCE IN EDUCATION, PROVIDE SCHOLARSHIPS FOR STUDENTS, AND PROVIDE COLLEGE ACCESS SERVICES TO THE MEDINA COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES SUPPORT TO THE LOCAL PUBLIC SCHOOLS IN THE FORM OF TEACHER GRANTS, SCHOLARSHIPS, STAFF DEVELOPMENT AND COMMUNITY AWARENESS PROJECTS. MORE INFORMATION ABOUT THE PROGRAMS AND ORGANIZATION IS AVAILABLE AT WWW.MEDINACITYSCHOOLSFOUNDATION.ORG.
    Expenses $109,722 · grants $74,703
  • THE ORGANIZATION PROVIDES SUPPORT TO THE LOCAL PUBLIC SCHOOLS IN THE FORM OF TEACHER GRANTS, SCHOLARSHIPS, STAFF DEVELOPMENT AND COMMUNITY AWARENESS PROJECTS. MORE INFORMATION ABOUT THE PROGRAMS AND ORGANIZATION IS AVAILABLE AT WWW.MEDINACITYSCHOOLSFOUNDATION.ORG.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-1501722
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20J)
Assets (IRS master file)
$999,799
Income (IRS master file)
$362,607

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$121,458$119,277$999,799XML
990December 2023$117,347$135,373$955,022XML
990December 2022$248,206$127,607$879,702IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1501722).

Questions about MEDINA CITY SCHOOLS FOUNDATION

What is the EIN of MEDINA CITY SCHOOLS FOUNDATION?
The employer identification number (EIN) of MEDINA CITY SCHOOLS FOUNDATION is 34-1501722.
Is MEDINA CITY SCHOOLS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to MEDINA CITY SCHOOLS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEDINA CITY SCHOOLS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEDINA CITY SCHOOLS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEDINA CITY SCHOOLS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MEDINA CITY SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 names KEN STUMP.
Who are the officers and directors of MEDINA CITY SCHOOLS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MEDINA CITY SCHOOLS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $121,458, expenses of $119,277 and total assets of $999,799 at year end.

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